CBE continues pumping dollar liquidity to cover banks customers’ foreign currency demands
The CBE granted the banks $98.6 in an auction launched Sunday
Cash reserves fall by $1bn in May: CBE
Government works to attract investments of between $6bn-$8bn by the end of…
$1bn deficit in payment balance in first 9 months of FY 2014/2015: CBE
The figures compare to a surplus of $2.2bn during the same period…
CBE controls importers’ manipulations
Banks activate automated “Model 4” to determine real importing demands
CBE to investigate future of interest rates
The market expects MPC to fix both loan and deposit rates
13.9% growth rate of banks’ foreign deposits during March: CBE
Market witnessed competition in attracting foreign currency savings, according analysts
EGP 23.3bn increase in bank loans in March: CBE
The private sector acquired 80.8% out of the total loan balances
External debt declines to $39.9bn in March: CBE
March's figures compare to June 2014, where debt amounted to $46.1bn
Initiative to postpone payment of tourism dues to end of this year
Losses of tourist activity nears $10bn over the past four years, using…
ABK acquires Piraeus-Egypt for $150m
Al Ahli Bank of Kuwait acquires 98.5% of Piraeus Bank - Egypt…